Vero Beach, FL
Commercial Real Estate Market Trends & Data

$319 Avg asking sale price
$480 Avg asking lease rate
22,868 SF Avg unit lease size
11,388 SF Avg building size for sale
6.98% Average cap rate

Vero Beach's Demographic Profile

Vero Beach has 10,387 households and a median income of $58,987, providing context for rent absorption and tenant demand across retail and multifamily assets. A +13% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 21,359
# Households 10,387
Median age 56
Median household income $58,987
Avg household size 2.0
Renter-occupied housing units 3,846
5-year population change +13%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Vero Beach, FL

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Nearby Retail Markets Avg Cost/SF Typical Size
Vero Beach $374 8,328 SF
Fellsmere $473 2,640 SF
Sebastian $331 1,789 SF
Roseland $331 1,789 SF
Micco $236 1,568 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Vero Beach $240 25,357 SF 7.25%
Palm Bay $78 36,676 SF 6.50%
Fort Pierce $284 26,654 SF 10.10%

Commercial Properties For Sale in Vero Beach

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

1855 14th Ave

Vero Beach, FL 32960

  • 3,764 SF Retail Building
  • $1,500,000
For Sale

2301 & 2305 58th Ave SW

Vero Beach, FL 32968

  • 18 AC Lot
  • 1 Residential Income Lot
  • $3,495,000
For Sale

High and Dry Development Site

Vero Beach, FL 32967

  • 8.36 AC Lot
  • 1 Commercial Lot
  • $1,350,000
For Sale

Commercial Corner Lot

Vero Beach, FL 32960

  • 0.39 AC Lot
  • 1 Commercial Lot
  • $549,000
For Sale

Investment / Owner User Office Building

Vero Beach, FL 32960

  • 5,686 SF Office Building
  • $1,025,000
For Sale

845 37th Pl

Vero Beach, FL 32960

  • 5,050 SF Office Building
  • $2,995,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Vero Beach pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Vero Beach $319 11,388 SF
Fellsmere $265 7,143 SF
Sebastian $338 21,229 SF
Micco $203 15,139 SF
Indian River Shores $299 1,987 SF

Regional Demographic Comparison

This comparison places Vero Beach alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Vero Beach or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Vero Beach 21,359 10,387 56 $58,987 2 3,846 13%
Fellsmere 4,397 1,194 32 $29,430 4 487 8%
Sebastian 24,642 10,858 56 $59,644 2 1,805 9%
Micco 10,928 6,144 70 $43,654 2 773 11%
Indian River Shores 5,885 3,155 74 $132,006 2 198 16%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Vero Beach, FL and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Vero Beach

View All Commercial Real Estate For Sale in Vero Beach
Is Vero Beach a good market for a first-time commercial real estate investor?

Vero Beach offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Vero Beach?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Vero Beach. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Vero Beach?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Vero Beach. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Vero Beach compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Vero Beach. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Vero Beach acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Vero Beach, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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